YBS Commercial Mortgages has launched a 24-hour decision-in-principle (DIP) following preliminary enquiry, for instances the place all related info is equipped up entrance.
This follows current strikes made by the industrial lender to supply provide letters inside 30 days of preliminary software, to safe the phrases, circumstances and rate of interest for the mortgage, topic to valuation.
For significantly complicated instances which require further preparatory work, a brand new timescale can be agreed with brokers on a person foundation at decision-in-principle stage.
These modifications are designed to supply certainty and readability for brokers and prospects.
YBS Commercial Mortgages managing director Angela Norman says: “These enhancements be sure that brokers and prospects obtain the dedication, readability and confidence they actually need as they progress by means of their software journey with us.”
“We’ve delivered numerous customer-focussed modifications this yr, and are completely dedicated to prioritising process-driven enhancements like this, making certain the absolute best outcomes for each brokers and prospects, in addition to delivering enhancements we all know our brokers want from us.”
